Agriculture vs oil - page 14. | Bitcointalksearch.org

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

You're comparing apples and oranges, for no meaningful outcome. Oil is a commodity extracted for purposes like energy or production of materials like plastic. Agriculture in under developed societies can require a lot of back break labor by thousands of people on covering hectares of space. However those fields in more advanced societies with technological assistance can be looked after by less than 5 people. This frees up that hard working labor pool for other more useful jobs and is what every country is aspiring towards.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

The discussion over importance of agriculture versus oil for the strength of a country is very interesting and complex one, and largely depends on a range of factors, such as availability of natural resources, country's specific circumstances and its political and economic strategies. Both oil and agriculture have their merits and challenges and their significance can vary from to another nation. Personally, I place strong emphasis on development of agriculture, given its critical role as its to meet basic needs of human and animals beside proving raw material for numerous industries.

coupable

hero member

Activity: 2338

Merit: 757

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

While oil production does not depend in any of its stages on agriculture, agriculture has become dependent in many of its stages on petroleum products that help it operate the necessary machines and active factories in the food industries. Just as a country cannot survive without agricultural products, it cannot build a pastoral economy based on agriculture without relying on oil to the same degree. There are countries that still depend on the non-mechanized pastoral economy, but they do not achieve significant development in terms of productivity except through the large number of manual labor.

icalical

sr. member

Activity: 1400

Merit: 268

Fully Regulated Crypto Casino

If we talk about the effect on economic strength, then Oil is definitely has more significant effect on it. First of all, the modern agriculture also relies on oil, all those machine was running on oil. Other than that, almost all countries has fertile soil, where they can grew crops and make farm, but not many countries has oil resources, thus make supply were much less than the demand. And this is why many countries now trying to move to renewable energy.

JunaidAzizi

sr. member

Activity: 658

Merit: 283

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

war or political differences they might suffer.

Yeah in war the country that are importing good foods are more suffer because the opposing one hold and close the border for her but not only this but the other who are exporting oil will also suffer because the rest of the countries stop purchasing oil from it to pressurize her. For that, The liberals give a suggestion to make dependency on each other when they are dependent on each they will never go to war.

Quote

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

before 2010 oil was the biggest economic strength then agriculture and produced more revenue than agricultural products and took less time while agriculture needed 6 months to come. But today I think agriculture has been good several times as the world is shifting from oil to electric and solar systems. Let's take the example of the Kingdom of Saudi Arabia they shift their country's revenue to tourism and other things, Just go and search about MBS mission 2030, in which the prience less dependency on oils and shifts it to the tourist spots.

Huppercase

hero member

Activity: 952

Merit: 552

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No!, that's not entirely accurate as you describe. Oil is given first class priority onlyby the countries that have this resources, they are blessed Hy nature and since oil is an catalyst that boom their economy, they don't joke with it, in addition they are in abundant which means they make more revenue from it and hence the reason why such counties don't prioritize agriculture. Use Qatar for example, they are oily rich country that grow littlenon agriculture.

Other countries on the other hand that are not oil dependents don't have choice but to concentrate on other sectors like Technology and agriculture, use China as example, they don't have oil but that has not stop their economy from been the leadership in the world, they still dominate this world with wealth despite not been not oil country and they are blessed with medicines too, other countries patronize them also and they make mad money from these alternatives.

Quote

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Whether you want Agricultural or Oil, it's depend on the country that has the oil, Countries that are blessed with abundant oil reserve and gas reserve might focus on Oil production than Agricultural and countries that don't have oil will focus on Agriculture to enhance their economy.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Oil is still regarded as the highest revenue source above agriculture and since it is higher in ROI, proceed excess from it can be used in the purchase of agricultural products or exchange of it.

Apart from United Arab Emirates (UAE) , Nigeria is one other oil producing country that has depended on this natural resources to sustain her skeletal development. Although Nigeria has well enough landmass for agriculture but unfortunately the government concentrate more on quick and fast resources that guarantee huge money for her projects, evident that oil has more financial potential than agriculture.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Water

You can't have any agriculture without water and most oil requires also water to be pumped into the wells to keep the pressure up.
But all three of them are nothing compared to the real black gold, the grey matter in the head of the ones leading the country, if there is none there, all the gold, oil, water, agriculture will be of no help.

Quote from: lombok on October 07, 2023, 05:40:05 AM

I think oil is superior. A real example is the United Arab Emirates, the UAE has been able to develop so far because of its oil. With the wealth they generate, they are able to fulfill several other important sectors even though the land there is barren and deserted.

I see your UAE, I throw in Japan with no agriculture and no oil and I raise you Venezuela with a ton of oil and one mm away from famine.

hugeblack

legendary

Activity: 2702

Merit: 4002

If we talk about the countries of the Arabian Gulf, most of them do not have sufficient agricultural areas and therefore resort to solutions. For example, Qatar cultivates large areas in Australia, where it has rented land, and the Kingdom of Saudi Arabia has agreements in Argentina and Brazil, which provided them with animal meat products, and the Emirates has multiple partnerships, Therefore, the Gulf countries need other countries in terms of food and security, which is known in the Petrodollar Agreement.
We would like to mention Russia, which possesses large lands that enable it to produce oil and agriculture, but what is happening now has made globalization very difficult and trust in other countries even more difficult.
So it is not black and white or Agriculture vs oil

lombok

sr. member

Activity: 882

Merit: 326

I think oil is superior. A real example is the United Arab Emirates, the UAE has been able to develop so far because of its oil. With the wealth they generate, they are able to fulfill several other important sectors even though the land there is barren and deserted.

Hatchy

sr. member

Activity: 336

Merit: 365

The Alliance Of Bitcointalk Translators - ENG>PID

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

The simple answer op is, Both agriculture and oil contribute to a country's economy. Oil rich countries can become wealthy, but if they don't invest in agriculture, they might spend a lot of their oil money on food. The importance of each sector depends on factors like how much oil a country has, its development level, and the global oil market. Oil can bring in a lot of money, but a strong and reliable agriculture sector is crucial for food, jobs, and economic stability. It's best for a country to balance both sectors for long-term economic strength.

NeilLostBitCoin

sr. member

Activity: 896

Merit: 303

Oil is a valuable resource that can significantly impact a country's economy. The oil demand is high, which makes the oil industry more profitable than agriculture. However, only a few countries can supply oil, unlike agriculture, which can be grown domestically or found in many countries.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Poker Player on October 07, 2023, 12:55:15 AM

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

yeah I would also argue this and opportunity to make a living as more of what helps a county do well. Many parts of the world if you are born into a poor family you will not become middle class no less rich. So some opportunity to earn more than your parents is a big deal. Some places there is no way you will be allowed to more upwards out of poverty.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Both.

With oil, even with the popularity of EVs it's still needed and the same goes with the agriculture. Both are needed and there's no need to have a debate on it.

I think those countries that are rich in oil and knows how to manage it really takes care of themselves even without agricultural lands just look at the middle eastern countries like Saudi, Dubai, etc.

Whilst for the agricultural lands, they have their food country and that's also another form and sign of good economy.

CageMabok

hero member

Activity: 1050

Merit: 844

Quote from: Hewlet on October 07, 2023, 12:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

In fact, people in countries with larger oil producers do not ignore other local natural resources, but they only care more about the potential for greater income, so they no longer care about income through agriculture. But that doesn't mean they will eliminate agriculture in their own country because they will still look at this sector even if only to meet their needs because the income sector already exists through oil resources.

Quote

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

The agricultural sector is indeed a very important sector for all countries because it is related to the issue of food and the daily needs consumed by all people. But other sectors such as oil natural resources also need to be considered to make the country's income bigger and more advanced. You can look at the oil producing countries in the world which on average can become more developed, and do not experience excessive difficulties in other economic sectors such as agriculture.

Quote

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

That is quite logical, but countries that have progressed through oil resources can also use small areas of land for agriculture even though the state is not so focused on their own agricultural products because perhaps the government has its own way of making sure that the country does not experience difficulties in agricultural sector.

Strongkored

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

All countries depend on each other, no country can meet its own needs without the help of other countries, that's why no country is great in all fields so they always open up opportunities for cooperation in order to get what they don't have but need.
So oil and agriculture need each other, farmers need oil to run their machines and oil rich countries need agricultural products for their food, so who is most important? nothing because everything is needed and important.

mindrust

legendary

Activity: 3276

Merit: 2442

Both are important but i think oil is way important. You can grow basic food almost anywhere. Potatoes for example, they grow very fast and easy and we consume them every day. There are also greenhouse products. This tech lets you grow anything anywhere. Let’s just say, if you invest enough time and money, you can grow your own food but if you don’t have oil, you can‘t grow it no matter how hard you try. You can only buy it from somebody else. Oil and gas are the most important energy sources. Without them the civilization would collapse.

Tldr; oil > agri

bluebit25

sr. member

Activity: 1708

Merit: 295

https://bitlist.co

Although it is understandable what the OP mentioned, perhaps this comparison is not fair. We need to include oil in the list of resources to see the role it will play in our development.

- The issue of natural resources of the country, region,... brings a great advantage in times of industrial development and is also the reason why countries in the West Asian region have become richer like So. But we should also look at the problem from another perspective when there are cases of possessing abundant resources like countries in South America or Africa, but they cannot be rich while under sanctions.

- Agriculture is always the foundation of long-term development. No matter how strong a country is, they must always find ways to maintain and develop this industry to serve them, as shown in the economic context in recent years. Nowadays, food is increasingly scarce and expensive, making the problem of hunger even more widespread. I have also heard about the price of rice increasing and have also seen the generosity of a country providing aid real quantity. Vietnam gifts Cuba 5,000 tonnes of rice

In a different aspect, they all have a great influence on our lives today, so I don't think which one is more important because they have a relationship of support and service for people.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

the economy is currently so tangled that it does not matter in which sector a country specializes. It's important that there's $$ in it. As the poker player pointed out. Without oil, there are no combine harvesters in the fields and without natural gas, there are no fertilizers. Without this, no matter how large the fields are, it will still be cheaper to buy grain from a neighboring country with money from the sale of processors than to collect grain by hand and sow new crops without fertilizers.

Poker Player

legendary

Activity: 1372

Merit: 2017

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

Topic: Agriculture vs oil - page 14. (Read 2275 times)